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Stoneridge CFO and treasurer buys $42,060 in shares

Stoneridge CFO and treasurer buys $42,060 in shares

Scott Randall Humphrey, CFO and Treasurer of Stoneridge Inc. (NASDAQ:SRI), made a significant move on August 18, 2026, by purchasing 6,000 shares of the company's common stock. The transaction, conducted across multiple instances at prices between $6.97 and $7.03 per share, amounted to a total investment of $42,060. As a result of this acquisition, Humphrey now directly owns 6,000 shares of Stoneridge.

The stock's performance has been noteworthy, with Stoneridge trading at $7.07, marking a nearly 22% increase year-to-date. Despite this growth, the stock has demonstrated volatility, fluctuating between $4.60 and $9.71 over the past 52 weeks. According to InvestingPro analysis, the stock appears to be trading close to its fair value. Analysts also predict that the company will return to profitability this year, with expected earnings of $0.26 per share.

In addition to this share purchase, Humphrey was granted 40,053 Share Units as part of the company's 2025 Long-Term Incentive Plan. These units, representing common shares without par value, will be settled in company common shares on a one-for-one basis. The vesting of these shares will occur on an annual basis on June 15, 2027, 2028, and 2029, contingent upon Humphrey's continued employment on each respective vesting date.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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